secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001823878-21-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PLAYSTUDIOS reports Q2 revenue $70.8M, net loss $7.0M; guides FY21 rev $290-300M
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- Q2 2021 revenue $70.8M, down from $77.9M in Q2 2020; H1 revenue up 6.4% to $144.9M.
- Q2 net loss $7.0M vs. net income $13.0M in prior-year quarter; AEBITDA $3.4M vs. $22.5M.
- Full-year 2021 guidance: revenue $290M-$300M, AEBITDA $35M-$40M.
- IPO raised $185M net; cash $230M plus $150M revolver; hired corporate development head Jason Hahn.
- Launched myVEGAS Bingo globally; Kingdom Boss idle RPG expected later in 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387821000022/0001823878-21-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387821000022/myps-20210811.htm
  HTML page:      https://secwatch.observer/filing/0001823878-21-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer